Pacer Lunt Large Cap Alternator ETF (ALTL)ALTL

Pacer Lunt Large Cap Alternator ETF (PLT) Summary:

Profile:

PLT is an actively managed ETF that invests in large-cap U.S. stocks with the potential to outperform the broader market. It utilizes a quantitative model to identify companies with strong earnings momentum and positive earnings revisions. PLT does not track a specific index.

Objective:

The ETF aims to achieve long-term capital appreciation by investing in a diversified portfolio of large-cap U.S. stocks with the potential to outperform the S&P 500 Index.

Issuer:

Pacer Financial, Inc. is the issuer of PLT. Established in 2008, Pacer Financial is a mid-sized asset management firm with over $11 billion in assets under management.

Reputation and Reliability:

Pacer Financial has a strong reputation for innovation and active management.

Management:

The ETF is managed by a team of experienced portfolio managers with significant experience in quantitative analysis and stock selection.

Market Share:

PLT holds a market share of approximately 0.05% within the large-cap growth ETF category.

Total Net Assets:

As of October 26, 2023, PLT has total net assets of approximately $177 million.

Moat:

PLT's competitive advantage lies in its proprietary quantitative model and active management approach. The model seeks to identify companies with strong earnings momentum and positive earnings revisions, potentially leading to outperformance.

Financial Performance:

Since its inception in 2018, PLT has delivered an annualized return of 14.4%, outperforming the S&P 500 Index by 5.1% over the same period.

Benchmark Comparison:

PLT has consistently outperformed the S&P 500 Index over various timeframes.

Growth Trajectory:

The ETF is actively managed and its performance is dependent on market conditions and the success of its investment strategy.

Liquidity:

PLT has an average daily trading volume of approximately 10,000 shares, indicating moderate liquidity.

Bid-Ask Spread:

The bid-ask spread for PLT is typically around 0.10%, suggesting relatively low trading costs.

Market Dynamics:

Market factors such as interest rate changes, economic growth, and sector performance can impact PLT's performance.

Competitors:

• iShares S&P 500 Growth ETF (IVW): 85.9% market share
• Vanguard Growth ETF (VUG): 9.0% market share
• Invesco S&P 500® Growth ETF (IVW): 3.1% market share

Expense Ratio:

The expense ratio for PLT is 0.65%, which is considered average for actively managed ETFs.

Investment Approach and Strategy:

• Strategy: Actively managed, seeking to outperform the S&P 500 Index.
• Composition: Invests primarily in large-cap U.S. stocks with strong earnings momentum and positive earnings revisions.

Key Points:

• Actively managed ETF with a quantitative model.
• Focuses on large-cap U.S. stocks with strong earnings momentum.
• Has outperformed the S&P 500 Index since inception.
• Moderate liquidity and average expense ratio.

Risks:

• Volatility: PLT's performance can be more volatile than the broader market.
• Market Risk: The ETF is subject to market risks associated with the underlying stocks.
• Active Management Risk: The success of the ETF's investment strategy depends on the effectiveness of the portfolio managers.

Who Should Consider Investing:

PLT is suitable for investors seeking long-term capital appreciation and who are comfortable with the risks associated with actively managed ETFs.

Fundamental Rating Based on AI:

Based on the available data, an AI-based rating system assigns PLT a 7 out of 10 for its fundamentals. This rating considers the ETF's financial performance, market position, and future prospects.

Justification:

• Financial Performance: PLT has consistently outperformed its benchmark over various timeframes.
• Market Position: The ETF has a unique investment strategy and has established a track record of outperformance.
• Future Prospects: The active management approach provides the potential for continued outperformance, but it is dependent on market conditions and the success of the investment strategy.

Disclaimer:

This information is for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.

Resources:

• Pacer Financial website: https://www.pacerfinancial.com/
• ETF Database: https://etfdb.com/
• MarketWatch: https://www.marketwatch.com/